Amazon at this level is a large retailer. So, 84 percent year-over-year growth is not bad in a very seasonally tough quarter, particularly given that Amazon's core categories are at their seasonally weakest in the June quarter. You did see that in their segment breakout. Books, music and video grew at 38 percent, but June is the toughest quarter.
More Quotes from Tim Albright:
Even when we stress test the model with slower inventory turns and faster payables turns, or with significantly lighter revenue, we still come out with more than 500 million in cash at the end of the March quarters in both 2001 and 2002.Tim Albright
We expect the company to finish Q1 2001 with approximately 667 million in cash and Q1 2002 with 757 million in cash, losing 342 million in the March-to-March time frame of 2000 -- 2001.
Tim Albright
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